Blockchain and Politics Collide: Crypto Entrepreneur Justin Sun Becomes Prime Minister of Liberland
Oct 15, 2024

Sam

Hey, did you hear that Justin Sun, the guy behind the Tron blockchain, is now a prime minister of a country?

Amy

Yeah, it’s wild! He’s now the Prime Minister of Liberland, a tiny, self-proclaimed country in Europe. And get this—they had a blockchain-based election to choose their leaders!

Sam

A blockchain election? That’s so cool! But, wait… where is Liberland? I’ve never even heard of it.

Amy

It’s a really small micronation between Croatia and Serbia. It was founded in 2015 by a Czech politician, and it’s based on libertarian ideas. They don’t even have taxes or a military!

Sam

No taxes? Sounds like a dream for crypto people. So, how did Justin Sun become Prime Minister?

Amy

Well, Sun was first elected as the Speaker of Liberland’s Congress in a blockchain vote. Then, the President, Vít Jedlička, nominated him to be the acting Prime Minister. Now he holds two important positions!

Sam

Wow, from crypto king to Prime Minister! But isn’t Justin Sun kind of controversial? I remember hearing about lawsuits against him.

Amy

Yeah, the SEC filed a lawsuit against him for things like securities fraud and manipulating Tron’s token prices. He’s definitely a polarizing figure.

Sam

Sounds risky to have him in charge of a country. Why did they choose him, then?

Amy

Liberland’s President said Sun’s blockchain expertise fits with the country’s goal of using decentralized technology to run things. They really want to experiment with blockchain governance.

Sam

That’s pretty futuristic. But is Liberland a real country, like, officially?

Amy

Not really. It’s not recognized by the United Nations, and it’s in a weird legal spot since neither Croatia nor Serbia claims the land. But that hasn’t stopped them from trying to build a community.

Sam

So, it’s like a crypto utopia in the making? This is all so fascinating!

Amy

Yeah, it’s a mix of politics, crypto, and wild ideas about how countries could work in the future. Definitely a lot to watch!